ApexProp.com
Title
JPEX 1031 Like-Kind Exchange
Description
Excerpted from the website:
- Section 1031 of the Internal Revenue Code ("IRC") allows a taxpayer to defer capital gain taxes on the exchange of business/investment property. The exchange can take the form of a direct swap or the taxpayer may hire a Qualified Intermediary to hold the sale proceeds until the taxpayer directs the Qualified Intermediary to use them to acquire like-kind replacement property. This latter method is called a "deferred" or "non-simultaneous" exchange.
- As a leading provider of IRC 1031 Like-Kind Exchange services, J.
